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Kenneth Tellis

$1-Billion Kebec Fund Plan to help home-grown Kebecois foreign companies firms buy
By Kenneth T. Tellis
Aug 15, 2012 - 12:08:24 AM

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Here we have the Kebecois Dreamer Jean Charest vowing to create a $1-billion fund to aid home-grown Kebecois companies to finance and purchase foreign companies. But there is no mention here that the Charest regime is also opposed to the U.S. firm LOWES buying QUINCAILLERIE RONA HARDWARE INC. which is Kebecois owned and operated. Of course Charest like most Kebecois nationalist opposes any foreign take-over of Kebecois firms but claims that he is doing this out of patriotism. Yet Charest forgets that many Kebecois firms have been buying out U.S. firms, and the Americans have not as yet objected to it one whit. It would thus seem to me that Charest thinks that he can pull the wool over the eyes of U.S. investors, as the Kebecois have done with the English-speaking provinces of Canada. But, the point is will the Americans permit Charest to play the game according to his own rules, or put him on notice that the U.S. is going to apply similar restraints on Kebecois investments in the U.S.

If all the money for the$1-billion Kebec Fund Plan is taken from Kebecois Pension Funds and other such groups, then a gamble is being taken by the Kebec government on the money of ordinary people who can least afford to do so, and if the investment falls through, their futures will have been destroyed, and they will have been left destitute. Again we see the trademark of Kebec, which has been known to gamble on the money of pension funds etc.

Should Charest Pie-in-the-sky investment plans fail he will most certainly demand that the Canadian government transfer money to Kebec to make up for the short-fall from his gamble in overseas investments, or Kebec will separate from Canada if those funds are not forthcoming. That has been the usual spiel from every Kebecois government since November 15, 1975. The approach of intimidation has been a formidable weapon in the menu of Kebecois politics to obtain funding whenever they needed it and it has usually worked.

Kenneth T. Tellis


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